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Small Storefront Building
For Sale
$199,900

500 Erie Street, Lansing, MI 48912

Commercial Sale, Lansing, MI

Property Size2,070 SF
Lot Size0.13 Acres
Price / SF$96.57
Days on Market160

Property Features for 500 Erie Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Zoning
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking 6
Basement Full
Lot features City Lot
Elementary school district Lansing
Middle school district Lansing
High school district Lansing
Directions Saginaw to Cedar
Standard status Active
APN 33-01-01-16-228-001
Size 2,070 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 25
Tax Description LOT 10 EXC N 30.5 FT OF E 14.5 FT & S 19.5 FT OF E 37 FT; SCOFIELDS SUB REC L 1 P 34
Tax Annual Amount 3191
Legal Description LOT 10 EXC N 30.5 FT OF E 14.5 FT & S 19.5 FT OF E 37 FT; SCOFIELDS SUB REC L 1 P 34

Utilities

Sewer type Public Sewer
Heating system Central, Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1989
Floors in Building 1
Number of units 1
Building materials Vinyl Siding, Block
Roof type Shingle
Listing Agency: Coldwell Banker Professionals -Okemos · Coldwell Banker Real Estate
Listed By: Lynne VanDeventer · License #6501128440
Added: Mar 24 Changed: Aug 19 Last Checked: Aug 30 at 6:06PM
MLS# 294623

Copyright © 2026 Greater Lansing Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,070-square-foot storefront property occupies a 0.13-acre site and was built in 1989. The building is currently occupied by an electrical repair company and includes a flexible interior configuration with a bathroom. Vinyl siding and block construction, a shingle roof, central air, and forced-air heating are part of the existing improvements.

The property is situated in downtown Lansing near other businesses and ongoing redevelopment activity. Public water and public sewer serve the building. The existing layout is identified as suitable for retail, professional office, or medical use, providing several potential commercial applications within a compact building footprint.

Key Highlights

  • 2,070‑square‑foot storefront building on a 0.13‑acre site
  • Built in 1989 with vinyl siding and block construction
  • Currently occupied by an electrical repair company

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Computer & Electronic Repair (Bike/Boat/Book/etc) Store HVAC Service Florist Electrical Service Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,970
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48912, MI

17,155
Population
9,064
Households
1.9
Avg Household Size
34
Median Age
40%
College-Educated
91%
High-School Grad
5.2 sq mi
ZIP Area
3,299
Density / Sq Mi
$53,072
Median Household Income
$34,598
Median Earnings
$1,037
Median Rent
$139,900
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Storefront property - Flexible commercial layout with central heating and air conditioning.
Where is this storefront property located?
The property is located at 500 Erie Street Lansing, MI.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 2,070‑square‑foot storefront building on a 0.13‑acre site; Built in 1989 with vinyl siding and block construction; Currently occupied by an electrical repair company
More about this property
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